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After the announcement of the latest interest rate decision, USD/JPY surged above 134 for a short time on Friday, and th...
20/06/2022

After the announcement of the latest interest rate decision, USD/JPY surged above 134 for a short time on Friday, and then entered a continuous shock. The yen is currently trading at a near 24-year low as the Japanese-US currency spread widens. In particular, the Bank of Japan also mentioned in the "Prospect Risks" of the resolution that the Japanese economy is still facing very high uncertainty, so it is very necessary to "develop the financial and foreign exchange markets, and their impact on Japan's economic activities." and price impact

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